In my opinion HDY released many good announcements. unfortunately for them there track record didn't help them therefore the market didn't respond In a way that It should have. I believe management know this and have Voluntarily went to the ASX and proposed a suspension and an investigation to regain the markets trust and prove that this is the real deal and that Its happening.
what better way to turn around around and say to an Investor
"hey we've been Audited and we came out clean"
An EXAMPLE would be the same as If someone Is on trIal If they are found Innocent then we should have nothIng to worry about.
lets think about it for a second If I was lookIng to Invest bIg In thIs sector I would certaInly trust the credabIlty of the of ASX.
ThIs Is a good thIng and a strategic move..
all In my opInIon
HDY Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held